| FAS latest price $61.1600 (1.71%) ($59.3800 - $62.2900) on Tue. Oct. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.19% (three month average) |
RSI | 54 |
Latest Price | $61.1600(1.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.7% a day on average for past five trading days. |
Weekly Trend | FAS advances 1.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) XLF(99%) IWD(94%) DIA(92%) IVE(92%) VYM(91%) |
Factors Impacting FAS price | FAS will decline at least -1.095% in a week (0% probabilities). VXX(-54%) VIXM(-50%) UUP(-26%) TBT(-22%) GLD(-14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.095% (StdDev 2.19%) |
Hourly BBV | 0.9 () |
Intraday Trend | 3% |
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